Sulzer signs five-year infrastructure deal with Venezuela's Pdvsa

Swiss industrial firm Sulzer has signed a five-year agreement with Venezuela's state oil company Pdvsa to develop industrial infrastructure projects, leveraging its existing installed base across Pdvsa's operations. The deal signals potential foreign investment in Venezuela's energy sector despite ongoing sanctions, though financial terms and scope remain undisclosed. This could indicate gradual opening of Venezuela's oil infrastructure to international partners.

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